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Jacob Alexander, the former chief executive of Comverse, who is forfeiting $47 million in a settlement of civil charges.7:51 p.m. | Updated Jacob Alexander, the one-time chief of a telecommunications software maker who fled to Namibia to avoid...

January 11, 2007, Thursday

When federal investigators looked into manipulated stock-option grants this year, what emerged was a scandal entangling at least 120 companies, from Apple to the UnitedHealth Group. Next came a small glossary of new terms, so those without accounting...